We Predicted it Here First - Corzine's Next Whopper!

You knew his sudden fiscal conservatism couldn't be based solely on doing his job and worrying about the deficit. The governor announced today a new school funding plan. In today's newsday.com :

Gov. Jon S. Corzine is expected in the coming weeks to unveil a new public school funding plan that likely will need to pass state Supreme Court scrutiny because it will change how the state funds 31 poor, mostly urban school districts.


New Jersey already spends more than ANY OTHER STATE for School spending according to the US Census Bureau for 2003-2004 at $12,981 per student. In addition, New Jersey also actively seeds needier students into wealthier school districts through as variety of programs designed to create parity throughout the state.

But that appartently isn't enough:

"The current method leaves too many children out of luck simply because they live in the wrong zip code," Corzine said. "And the failure to provide sufficient state school aid has put a disproportionate property tax burden on the backs of far too many homeowners."

Folks, forget the words you hear from the Governor. He is preparing to announce a program that will likely ensure an increase of property taxes that will disproportionately impact the school districts outside of urban areas. What I am telling you is that he may be responsible for the biggest property tax hike for most of you in 4 years. Bet on it.

Read the entire article here.

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